Alejandro Expects the Price Level to Rise from 105 This

question 64

Multiple Choice

Alejandro expects the price level to rise from 105 this year to 108 next year.If the price level rises to 110 next year instead of 108,which of the following will occur?

• A)Alejandro's real wage remains unchanged.
• B)Alejandro's real wage falls.
• C)Alejandro's real wage rises.
• D)Alejandro's real wage may rise or fall,depending on the unemployment rate.

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Definitions:

Latissimus Dorsi

A large, flat muscle on the back that stretches to the sides, behind the arm, and is involved in the movement of the shoulders and arms.

Insertion

Insertion refers to the placement of an object or substance into a body part or into a device, often used in medical procedures or mechanical processes.

Origin

The point or place where something begins, arises, or is derived.

Antagonist

In pharmacology, a substance that acts against and blocks an action by binding to a receptor without activating it, effectively preventing the natural ligand or agonist from exerting its effect.